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2025-08-27 0
Try finding an apartment!! I had to move from one airbnb yo another to another for months. Meanwhile, getting passed over from one apartment to another. These folks were transferring first and last before even being chosen. They were starting bidding wars over apartments. Paying way more than asked. That's what drove the rent cost through the roof! I have a friend who has been staying at motel for months now trying to find a place. He was turned down for a place with a cosigner that makes 100k a year! It needs to stop!
2023-12-10 0
Many recent immigrants I have known have left Canada because the cost of living is too high. From my experience they work very hard, usually working 60+ hours a week. After some time they crunch the numbers and realize no matter how hard they try they will not get anywhere so they leave. For those born in Canada we find ourselves being chased out of our hometowns because it is too expensive to live there. For myself it was either stay in Vancouver, surrendering more than half of your income to rent or move out of the city to buy an apartment. In the major cities there is a mass exodus of young people and the strategy has been to replace that exodus with immigration. The problem is that is not sustainable as now new immigrants, seeking a better life are not finding it in major Canadian cities. For those who already own property in the lower mainland the selfish mentality is to do whatever you can to deny construction, thus maintaining the scarcity and value of what little land/housing there is in desirable areas. Zoning laws are beginning to change but progress is slow and municipalities have failed to keep up with infrastructure so the growing pains is going to be immense. It's beautiful here now doubt but if I had no ties and a solid financial footing I would have left long ago. Generations ago you could show up to Canada with no money and thrive if you were willing to work hard. Now hard work won't get you anything.
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